Ralph Lauren is tanking after its CEO abruptly resigns

Wibbitz Top Stories 2017-02-02

Views 8

Less than two years after taking the top job, Ralph Lauren's CEO Stefan Larsson will leave the company over differences of opinion with its billionaire namesake founder and chairman. Shares of Ralph Lauren plunged nearly 12% in early trading on the news, even though the company also reported quarterly earnings that topped Wall Street's forecasts and reaffirmed its outlook for the year. Larsson, who previously ran Gap Inc.'s Old Navy,

Share This Video


Download

  
Report form